South Park License; South Park: The Stick of Truth is due for release March 5. Winning bidder: Ubisoft, $3,265,306 No runner-up.

*UPDATE*

Taken from a letter by THQ executives (thanks runqvist for the find)

"The proposed sales of multiple assets is as follows :

Sega agreed to purchase Relic

Koch Media agreed to purchase Volition and Metro

Crytek agreed to purchase Homefront

Take 2 agreed purchase Evolve and

Ubisoft agreed to purchase Montreal and South Park

We expect these sales to close this week.

Some assets, including our publishing businesses and Vigil, along with some other intellectual properties are not included in the sale agreements. They will remain part of the Chapter 11 case. We will make every effort to find appropriate buyers, if possible.

What this means for employees

We expect that most employees of the entities included in the sale will be offered employment by the new owners. However, we cannot say what these owners may intend, and there will likely be some positions that will not be needed under the new ownership. You should receive notice this week or early next week if the new owners intend to extend employment to you. Please note that the terms of your new employment, including pay and benefits, may be different from the current terms of your employment with THQ.

If you are an employee of an entity that is not included in the sale, we regret that your position will end."

*End update*

For those who aren't up to speed at the moment, an auction is occuring today in which bidders can try to acquire THQ properties, whether titles, studios, properties, etc. There will be a sale hearing tomorrow at 9, so once you're done mocking the scanty Wii U first-half offerings you can move on to discovering who wound up with what part of the THQ "empire."

So, who do you think is going to end up with which part of THQ's corpse? For reference's sake, the South Park game cannot be sold off, but everything else seems to be fair game. Notable assets include: Volition, Inc. (Saints Row, Red Faction), Relic (Company of Heroes, Dawn of War), Play THQ (licensed children's titles, including the Nickolodeon and Pixar licenses, each of which are also up for bid) Vigil (Darksiders), THQ Montreal (new studio, formed by former Assassin's Creed dev), the WWE license, Metro, de Blob, Titan Quest, Homefront, MX vs. ATV, Turtle Rock Studio's project (creators of Left 4 Dead), Drawn 2 Life, Stacking, uDraw, and an unannounced Wii U title.

The biggest known bidders are EA, Ubisoft, WB Games, and Clearlake Capital. Double-fine is also reportedly interested, although that may be because they don't know you have to actually pay for what you successfully bid on.

They may well do that, but then again those licenses are time-limited, and whoever picks them up will have to honor the original terms of the agreements, so it doesn't have to be at the top of either company's agenda.

They may well do that, but then again those licenses are time-limited, and whoever picks them up will have to honor the original terms of the agreements, so it doesn't have to be at the top of either company's agenda.

If I were them I would totally buy the trademark back.

I wonder what that Wii U title was. Probablly nothing all too amazing.